The intelligencer. [volume] (Lexington, Mo.) 1887-1891, 1887-06-04
A GARD FROM COL. McOLELLAND.

In a letter of MIR. Joseph Il. Smith,
presiding justice of the county court,
which appeared in the Lexington Intel
ligencer of May 2S, the following DC
ours, viz:
Now, to come to the unfair crit ism and dis
tortiOn vi facts in the secoud article which has
provoked all this from me. The aatouhdihe
charge is made that the present county court
s'nave enlarg' d upon the rate OF compromise
not less tn IN 55 per cent" a statement which
ever in tact, and l wish to call especial at tentlon
to the illustration offered by hun VINO dlsclaims
all personal feeling. and who pretends a fair
ness and cand;dness above measure. He says
''We psld u bond OF 81, 900 with interest ON
January 1855, with sl,47a; and We paid i
bond OF similar amount and tenor on April IL,
under the new settlement, at u cost oil
81, 7T3 S5.' l state that such Is not the TACT. IL
any such bond Was compromised on January 4.
1886, at anything near that price. 1t Was u SIX
per cent. bond; and then allowing that all OF the
coupons were still attached since June l, 1876,
each coupon as 1t became due bore g per cent.
and would in the ten years amount to about
81, $50. which. at u discount. wouic be reduced
to about the amount suited by him. OF course
1t must have been a bond oil that character
which the gentleman refers to Now IA ten per
cent. bond comm ncIng to run at the same time
and continuing for eleven years and 3 months.
as would be the case he mentioned. would
amount to about 81 800, and of course the last
named must have been u ten pei cent bond.
What can be thought of a statement, made by 4
man, possessing all the means OF Information,
promulgated to the people rs a fact, which Is
based on a comparison of two such dlssimilar
bonds, without any mention OF their differ ence,
but that it was intended to create a false impress
sion? Think oil it, to take the price paid Ior u
six per cent. bond which has run for ten years
and compare it with the price paid Tor u len per
cent. bond, which has run Tor eleven years and
three months, In order to base a calculation Of
the per centage oil what he grandilOquently
terms 1.-The enlargement of the rate OF compost
ton" The actual amount due on one Is almost
81 900 more than the amount due on the other TO
start with. And to tell The public that the prices
were OaIQ lOr bonus oil 81 mllar amount anu tenor.
Can facts be distorted further?
1t must be confessed that the above
is somewhat acrid food for mental di-
gestiOn, but l choose to make reply by
simply presenting the records without
comment or rejoinder.
Lafayette County Court. January term, LIST day,
January 4. 1856.
Ordered that the county treasurer be, and he
is hereby instructed and directed TO buy the fol-
lowing described bond OF this County: No lO2
for 81 900, issued August l, A. D.. 1870, bear
ing interest at 10 per cent. semi annual, with
the coupon due February l. 1915, and subse-
quent coupons to maturity August l. 1880. at
tached, with interest represented by coupons
January l. 1875 at and for the price ana sum of
81. AS 90. sand amount being due under and
pursuant to the terms of compromise 40 voted
BY the pc ,pie OF the county OF Lafayette.
STATE OF MISSOURI, tss
COUNTY OF LAFAYETTE. 90
l, VIM. B. Steele. CLERK of the County Court.
within and for the county and state aforesaid. 40
hereby certify that the foregoing Ia Il iu!l and
.rne cnpY OF the OF der oil the aforesaid county
court, AS the sane appears OF rec ,rd In my sand
Office, IN book -. III page2
IL. ) lin test m0ny whereof, l do hereuutO set
my hand. and atiX the seal oil said court.
this LIST day OF June. a. ID 1887.
WM b STEELE, Clerk.
By SAML. j. ANDREW, b. e.
Lafayette County Court, April term. 81 day
April ID. A. ID , 1857.
| Ordered that the cOunty treasurer be, and he
is hereby instructed and dir ected To buy the ioi-
lowing deacribei Lafayette county. Mo. bond
No. l26'E.' issued 10 Lexington and st. Louis
r K. Co, August l, "A. D., 1870. with 10 per
Interest:
Bond No. l26"E'' for 81. 900 90, issued
Aug l. 1870, due Aug l. 1880 ISL 900 90
Coupons due Feb. l. 1874. to Aug. l.
1880, inclusive, with interest ....... l lib 90
So 7Zs 50
As per agreement with John b. Henderson.
srATE OF MISSOUnI. L.
COUNTY OF LAFAYETTE. "
l, VIM B. Steele. Clerk vi The County Cou /,
within and Tor the county AMI state aforesaid, ~.
hereby certify that the foregoing 10 q iuii AID
tru. copy of the order OF the aforesaid cou aty
court, al the Same appears OF record IN my cuiu
otjce, in book %. at page y.
IL. q ] In testtm )by whe e ~, i do hereunto st
my hand, and atfix the seal o; sand :ourt,
this lot day of jane, a ID 1851
WIN r STEELE clerk.
By SAhL j. ANDREW, d. Z.
1t was my belief that the two bonds
referred to were absolutely identical
but a closer examination shows as dc
the orders of the court, that the one
paid last carried a years more interest
and hence is increased to that extent.
M. V. L. MCCLELLAND.